In today's world, it takes just a few bad actors to force businesses to treat all customers with suspicion. This leads to customer and employee frustration, increased operating costs and reduced revenue. Payfone delivers a seamless non-intrusive verification using your mobile phone's inherent identity to provide persistent protection for businesses and their customers. This Instant Trust enables the best possible experience and lowers the risk of loss due to friction and fraud
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/06/17 | $23,500,000 | Series E |
American Express Ventures Andrew Prozes BlueCross BlueShield Venture Partners Early Warning Services Maclab Development Group Opus Capital Relay Ventures Rogers Venture Partners RRE Ventures Strauss Zelnick Transaction Network Services Verizon Ventures | undisclosed |
| 02/13/18 | $23,000,000 |
Andrew Prozes Anil Aggarwal Jonathan Weiner MassMutual Ventures Synchrony Financial | undisclosed | |
| 04/18/19 | $24,000,000 |
MassMutual Ventures Synchrony Financial TransUnion  Wellington Management Company | undisclosed |
